The Purchase Agreement For Land is a fundamental document in Singapore property transactions, essential for both private and commercial real estate dealings. It serves as the primary contract governing the transfer of land ownership, incorporating Singapore's strict property laws and regulations. This agreement is particularly important given Singapore's unique land scarcity and property ownership restrictions, especially regarding foreign ownership and public housing. The document must comply with various statutory requirements including the Land Titles Act, Stamp Duties Act, and where applicable, the Residential Property Act. It typically includes comprehensive details about the property, payment terms, conditions precedent, and completion requirements.
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1. Parties: Identification of buyer and seller with full legal names and addresses
2. Background: Context of the transaction and property details
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the property including lot number, boundaries, and title details
5. Purchase Price: Amount and payment terms including deposit arrangements
6. Completion: Timeline and requirements for completing the transaction
7. Title and Transfer: Warranties regarding title and transfer obligations
8. Representations and Warranties: Standard warranties from both parties
1. CPF Usage: Terms regarding use of CPF funds for property purchase - required when buyer is using CPF funds
2. Existing Tenancies: Details of existing tenants and lease arrangements - required when property is currently tenanted
3. Foreign Ownership Approval: Conditions regarding foreign ownership approval - required when buyer is foreign person/entity
1. Property Details Schedule: Detailed property specifications, floor plans, and boundaries
2. Payment Schedule: Breakdown of payment installments and timelines
3. Inventory List: List of fixtures and fittings included in sale (when property is sold furnished)
4. Title Documents: Copies of relevant title documents and certificates
5. Existing Encumbrances: Details of any existing mortgages, charges, or caveats
Relevant legal definitions
Agreement
Property
Purchase Price
Completion Date
Deposit
Title Documents
Encumbrances
Completion Documents
Business Day
Bank Mortgage
Certificate of Title
Conveyancing Documents
Existing Tenancies
Fixtures and Fittings
Land
Legal Requisitions
Option to Purchase
Parties
Permitted Use
Planning Permission
Property Tax
Purchaser
Seller
Stamp Duty
Strata Title
Survey Plan
Title Search
Transfer Documents
Vacant Possession
Vendor
Working Day
CPF
Relevant Authority
Governing Law
GST
HDB
URA
Material Damage
Notice
Outgoings
Registration Fees
Property
Purchase Price
Completion Date
Deposit
Title Documents
Encumbrances
Completion Documents
Business Day
Bank Mortgage
Certificate of Title
Conveyancing Documents
Existing Tenancies
Fixtures and Fittings
Land
Legal Requisitions
Option to Purchase
Parties
Permitted Use
Planning Permission
Property Tax
Purchaser
Seller
Stamp Duty
Strata Title
Survey Plan
Title Search
Transfer Documents
Vacant Possession
Vendor
Working Day
CPF
Relevant Authority
Governing Law
GST
HDB
URA
Material Damage
Notice
Outgoings
Registration Fees
Clauses
Purchase Price and Payment
Property Description
Title and Transfer
Conditions Precedent
Completion
Representations and Warranties
Property Inspection
Due Diligence
Deposit
Vacant Possession
Risk and Insurance
Property Tax and Outgoings
Existing Tenancies
Encumbrances
Default and Termination
Time of Essence
Notices
Assignment
Governing Law
Dispute Resolution
Force Majeure
Severability
Entire Agreement
Costs and Stamp Duty
CPF Compliance
Foreign Ownership
Planning and Zoning
Environmental Compliance
Building and Structure
Fixtures and Fittings
Property Management
Legal Requisitions
Title Covenants
Registration
Amendments
Waiver
Third Party Rights
Survival
Further Assurance
Property Description
Title and Transfer
Conditions Precedent
Completion
Representations and Warranties
Property Inspection
Due Diligence
Deposit
Vacant Possession
Risk and Insurance
Property Tax and Outgoings
Existing Tenancies
Encumbrances
Default and Termination
Time of Essence
Notices
Assignment
Governing Law
Dispute Resolution
Force Majeure
Severability
Entire Agreement
Costs and Stamp Duty
CPF Compliance
Foreign Ownership
Planning and Zoning
Environmental Compliance
Building and Structure
Fixtures and Fittings
Property Management
Legal Requisitions
Title Covenants
Registration
Amendments
Waiver
Third Party Rights
Survival
Further Assurance
Relevant Industries
Relevant Teams
Relevant Roles
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